Corporate Compliance

LLP Compliance

Complete Limited Liability Partnership compliance — from incorporation and LLP Agreement drafting to annual filings, partner changes, winding up, and conversion — managed with precision under the LLP Act, 2008.

Applies to: handshake Newly Incorporating LLPs assignment Existing LLPs with Annual Filing Obligations swap_horiz LLPs Undergoing Partner or Structural Changes do_not_disturb_on LLPs Being Wound Up or Converted
What We Do

Complete LLP Compliance Coverage

From LLP formation and agreement drafting to annual Form 11 & Form 8 filings, partner changes, strike-off, and conversion — every obligation under the LLP Act, 2008, handled end to end.

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Incorporation

Incorporation of LLP & LLP Agreement Drafting

An LLP is incorporated by filing Form FiLLiP (Form for Incorporation of Limited Liability Partnership) on the MCA21 portal, following name reservation through RUN-LLP. The LLP Agreement — which governs the rights, duties, profit-sharing, decision-making, and exit rights of all designated and non-designated partners — must be filed in Form 3 within 30 days of incorporation. A poorly drafted LLP Agreement can create serious disputes and tax complications. We manage the full process: name reservation, FiLLiP filing, DPIN procurement, and drafting a comprehensive, commercially sound LLP Agreement.

manage_accounts DPIN & DSC Designated Partner ID & Digital Signatures for all DPs
short_text RUN-LLP Name reservation & availability check
upload_file FiLLiP Filing Incorporation + PAN + TAN in one form
description Form 3 — LLP Agreement Filed within 30 days; governs partner rights & duties
Covers name reservation, DPIN, FiLLiP, Form 3 & CIN issuance arrow_forward
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Annual Filings

Annual Return (Form 11) & Statement of Accounts (Form 8)

Every LLP registered in India must file two mandatory annual returns with the ROC — irrespective of whether it has conducted any business during the year. Form 11 (Annual Return) captures partner details and capital contribution data, while Form 8 (Statement of Account & Solvency) contains the financial statements certified by a designated partner and, where required, audited by a Chartered Accountant. Failure to file attracts a penalty of ₹100 per day per form with no upper cap — making timely filing essential.

receipt_long Form 11 — Annual Return
  • Due: 30th May each year
  • Partners, DPIN, capital & contribution details
  • Mandatory for all LLPs — even dormant ones
balance Form 8 — Statement of Accounts
  • Due: 30th October each year
  • Balance sheet & P&L for the financial year
  • Audit mandatory if turnover > ₹40 lakh or contribution > ₹25 lakh
warning Penalty for Non-Filing

₹100 per day per form — no maximum cap. An LLP that misses both filings for a year can accumulate ₹73,000+ in penalties. We track your LLP's obligations and ensure zero-day-penalty filing every year.

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Structural Changes

Change in Partners, Capital Contribution or LLP Structure

Changes to an LLP's partnership — admitting a new partner, retiring or removing an existing one, altering capital contributions, changing a designated partner, or amending the name or registered office — each require filing the appropriate form and, critically, amending the LLP Agreement to reflect the change. The amended Agreement must be re-filed in Form 3. We handle all structural changes from partner consent documentation and supplementary agreement drafting to ROC form filing and updated LLP Agreement maintenance.

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Admission of New Partner
Form 4 within 30 days; consent & amended LLP Agreement
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Retirement / Cessation of Partner
Form 4 within 30 days; settlement of capital & profit rights
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Change in Capital Contribution
Form 3 (amended LLP Agreement) reflecting updated contributions
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Name / Registered Office Change
Form 5 (name) / Form 15 (registered office) within prescribed days
Every change requires an amended LLP Agreement — we draft and file it arrow_forward
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Winding Up

Closure of LLP — Form 24

An LLP that has not commenced business within one year of incorporation, or has not been carrying on any business for two or more financial years, can apply for voluntary strike-off by filing Form 24 (Application for striking off the name of LLP) under the LLP (Amendment) Rules. This is the LLP equivalent of the Fast Track Exit route for companies. All outstanding penalties, pending forms, and income tax dues must be cleared before applying. We prepare the complete Form 24 package — declarations, consent, income tax clearance, and bank account closure — for a clean and legally sound exit.

check_circle All pending LLP annual filings cleared (Form 11 & Form 8)
check_circle Affidavit & statement by all designated partners
check_circle Income tax return filing up to date & nil tax dues
check_circle Bank account closed prior to Form 24 submission
check_circle Form 24 filing & ROC strike-off process managed end to end
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Conversion

Conversion between LLP and Company

As a business scales, its optimal legal structure may shift — a Partnership Firm or Private Limited Company may wish to convert to an LLP for its lighter compliance burden and pass-through taxation, or an LLP may need to convert to a Private Limited Company to access equity investment, ESOP issuance, or venture capital funding. Each conversion route has specific eligibility conditions, partner/shareholder consent requirements, and sequential ROC filing steps under both the Companies Act, 2013 and the LLP Act, 2008. We manage the eligibility check, resolution drafting, form filing, and updated Certificate of Incorporation for every conversion type.

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Partnership Firm → LLP
Form 17; partners become LLP designated partners; assets vest in LLP
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Private Company → LLP
Form 18; shareholders become partners; no security interest on assets
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LLP → Private Limited Company
Governed by Sec 366 of Companies Act; partners become shareholders
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Tax Implications on Conversion
Capital gains, stamp duty, and GST exemption analysis — assessed before conversion
Tax impact, stamp duty, and FEMA implications assessed before proceeding arrow_forward
Quick Reference

Key LLP Forms & Filing Timelines

Every LLP event has a prescribed form and due date. Missing even one attracts ₹100/day penalties with no cap. We track every obligation so you never miss one.

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Incorporation & Agreement

RUN-LLP (Name) Before FiLLiP
FiLLiP (Incorporation) At formation
Form 3 (LLP Agreement) 30 days of incorporation
Form 3 — Amendment 30 days of change
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Annual & Partner-Change Filings

Form 11 (Annual Return) 30 May
Form 8 (Accounts) 30 October
Form 4 (Partner change) 30 days of event
Form 5 (Name change) Post ROC approval
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Closure & Conversion Forms

Form 24 (Strike-off) Voluntary exit
Form 17 (Firm → LLP) Conversion
Form 18 (Co. → LLP) Conversion
Form 15 (Reg. office) Within 30 days

LLP vs. Private Limited Company — At a Glance

Key structural differences to help you choose or convert

Compliance Burden
LLP: 2 annual forms (Form 11 + Form 8)
Company: MGT-7, AOC-4, ADT-1, MGT-14 + more
Taxation
LLP: 30% flat + surcharge; no DDT; partners taxed on share
Company: 22%–25% + dividend tax at shareholder level
Fundraising
LLP: No equity shares; ESOP not possible; VC funding difficult
Company: Equity shares, ESOPs, VC/PE funding available
Our Approach

How We Manage Your LLP Compliance

A structured four-step cycle — from compliance calendar setup and agreement maintenance to annual form filing, event-based changes, and clean exit management.

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1

Compliance Audit & Calendar

We review your LLP's current filing status, identify any pending or overdue forms, and set up a compliance calendar covering Form 11, Form 8, and all upcoming event-based obligations.

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2

Agreement Drafting & Maintenance

The LLP Agreement is kept current — every partner change, capital revision, or structural amendment triggers an updated supplementary agreement that is filed in Form 3 within the prescribed time.

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3

ROC Filing & Acknowledgement

All forms are filed on the MCA21 portal before their respective due dates. SRNs, filing acknowledgements, and ROC approvals are shared with you for your records immediately on completion.

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4

Ongoing Monitoring & Advisory

We monitor MCA circulars, rule changes, and your LLP's compliance health year-round. When a structural change or exit becomes necessary, we advise on the right approach before you act.

Track Record

Trusted by LLPs Across India for Seamless Compliance

From newly registered professional LLPs to established multi-partner entities, our LLP compliance practice is built on zero-penalty filing, meticulously maintained LLP Agreements, and proactive deadline management — year after year.

200+
LLPs managed for annual ROC compliance
₹0
Penalty incurred by clients for late LLP filings
50+
LLP incorporations & conversions completed
15+
Years of LLP Act practice since inception
Our Advantage

Why LLPs Trust Us with Their Compliance

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Zero-Penalty Filing

At ₹100/day per form with no cap, LLP penalties compound quickly. We initiate preparation well ahead of every due date — Form 11 by May, Form 8 by October, every year.

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Living LLP Agreement

We treat your LLP Agreement as a living document — every change is drafted as a supplementary agreement and filed with the ROC within 30 days, keeping your records legally current.

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Tax-Integrated Advice

LLP compliance is never seen in isolation — we integrate ROC filings with income tax return preparation, audit requirements, and GST compliance for a single, joined-up service.

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Dedicated LLP Manager

Each LLP client has a dedicated compliance manager who knows your partner structure, agreement history, and tracks all annual and event-based obligations on your behalf.

Your LLP's Compliance, Managed End to End.

Whether you need to incorporate a new LLP, file overdue Form 11 or Form 8, update a partner change, wind up a dormant entity, or convert to a Private Limited Company — we are ready. Every deadline met, every agreement current, every obligation discharged.

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Office Address

4th Floor, Solitaire 1, New Link Rd, Malad West, Mumbai 400064.

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Direct Line

+91-8169820387 | 022-46022657